Initial Coin Offerings Horrify a Former S.E.C. Regulator

Re:Initial Coin Offerings Horrify a Former S.E.C. Regulator by conanbatt on Monday November 27, 2017 @05:39PM (#15792295)

Founders, employees, institutional and retail investors got together and voted for the SEC?

Are you sure about that?

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Re:Initial Coin Offerings Horrify a Former S.E.C. Regulator by gamblor956 on Monday November 27, 2017 @07:41PM (#15793227)

America is a republic. Founders, employees, institutional, and retail investors got together, voted for Congressional representatives who then wrote the law creating the SEC and investment rules decades ago. In the decades since, Founders, employees, institutional, and retail investors have continued to elect Congressional representatives who have strengthened and broadened those rules.

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Re:Initial Coin Offerings Horrify a Former S.E.C. Regulator by conanbatt on Monday November 27, 2017 @08:35PM (#15793510)

Really. So if you made a public vote about removing the accredited investment requirements and 51% of the people voted against it, it would blow your mind entirely?

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